TLDR: Today, ZKsync unveils the Elastic Chain — an ever-expanding network of ZK rollups, secured by math and natively interoperable under a uniform, intuitive UX. Ethereum’s rollup-centric roadmap successfully reduced transaction fees, but fragmented liquidity and user experience. The recent ZKsync 3.0 upgrade solves this by enabling native, trustless, low-cost interoperability between the chains powered by ZK Stack, Ethereum’s most performant ZK rollup framework.IntroductionThe ZKsync 3.0 pr...

TLDR: Today, ZKsync unveils the Elastic Chain — an ever-expanding network of ZK rollups, secured by math and natively interoperable under a uniform, intuitive UX. Ethereum’s rollup-centric roadmap successfully reduced transaction fees, but fragmented liquidity and user experience. The recent ZKsync 3.0 upgrade solves this by enabling native, trustless, low-cost interoperability between the chains powered by ZK Stack, Ethereum’s most performant ZK rollup framework.IntroductionThe ZKsync 3.0 pr...

Three leading Rollup-as-a-Service (RaaS) providers are leveraging ZK Stack to immediately allow projects, developers and enterprises to easily launch, deploy, and test layer 2 hyperchains powered by zkSync. Ankr, Luganodes, and Zeeve will be the first wave of RaaS providers providing critical infrastructure to accelerate support for projects deploying as hyperchains. When ZK Stack––a free, open-source modular framework for building sovereign ZK-powered chains— was introduced in June, we artic...

Three leading Rollup-as-a-Service (RaaS) providers are leveraging ZK Stack to immediately allow projects, developers and enterprises to easily launch, deploy, and test layer 2 hyperchains powered by zkSync. Ankr, Luganodes, and Zeeve will be the first wave of RaaS providers providing critical infrastructure to accelerate support for projects deploying as hyperchains. When ZK Stack––a free, open-source modular framework for building sovereign ZK-powered chains— was introduced in June, we artic...

Crypto wallets and their challenging user experience have been a major stumbling block for mainstream adoption. For new users, navigating the labyrinth of seed phrases and the rigmarole of reproducing them is a major turnoff and a stark contrast to the streamlined efficiency of some mainstream apps that let you access funds by simply looking at a screen. Traditional payments solutions such as Apple Pay operate on a global scale, processing over a trillion transactions per year. In addition to...

Crypto wallets and their challenging user experience have been a major stumbling block for mainstream adoption. For new users, navigating the labyrinth of seed phrases and the rigmarole of reproducing them is a major turnoff and a stark contrast to the streamlined efficiency of some mainstream apps that let you access funds by simply looking at a screen. Traditional payments solutions such as Apple Pay operate on a global scale, processing over a trillion transactions per year. In addition to...

Since the very beginning, the ultimate vision for Matter Labs has been to incubate and launch the zkSync protocol and ZK Stack. The next phase is to decentralize the open source protocol by enabling accomplished and talented core development teams to help build, maintain, and upgrade the network and ZK Stack. To move toward this next phase of decentralization, close to a dozen outstanding development teams outside of Matter Labs will work towards achieving (1) subtraction — ensuring there are...

Since the very beginning, the ultimate vision for Matter Labs has been to incubate and launch the zkSync protocol and ZK Stack. The next phase is to decentralize the open source protocol by enabling accomplished and talented core development teams to help build, maintain, and upgrade the network and ZK Stack. To move toward this next phase of decentralization, close to a dozen outstanding development teams outside of Matter Labs will work towards achieving (1) subtraction — ensuring there are...

In another step towards decentralizing the core technology behind zkSync Era, the system’s prover network is now open to participants across the ecosystem. Introducing new participants will make zkSync Era’s prover more scalable, robust, and remove the reliance on any entity to maintain the critical mechanism responsible for computing proofs to validate transactions. Read on to learn about the prover decentralization process, key milestones and objectives, and how to get involved.Goals of the...

In another step towards decentralizing the core technology behind zkSync Era, the system’s prover network is now open to participants across the ecosystem. Introducing new participants will make zkSync Era’s prover more scalable, robust, and remove the reliance on any entity to maintain the critical mechanism responsible for computing proofs to validate transactions. Read on to learn about the prover decentralization process, key milestones and objectives, and how to get involved.Goals of the...

Today, Anchorage Digital, the leading crypto platform for institutions, and the ZKsync Foundation, announced the availability of digital assets from the ZKsync ecosystem on Anchorage Digital’s platform. With the only U.S. federally chartered crypto bank, Anchorage Digital is the first institutional custodian to support ZKsync, whose zero-knowledge technology helps blockchains provide fast, secure and scalable transactions. The new implementation allows institutions to hold the ZK token and to...

Today, Anchorage Digital, the leading crypto platform for institutions, and the ZKsync Foundation, announced the availability of digital assets from the ZKsync ecosystem on Anchorage Digital’s platform. With the only U.S. federally chartered crypto bank, Anchorage Digital is the first institutional custodian to support ZKsync, whose zero-knowledge technology helps blockchains provide fast, secure and scalable transactions. The new implementation allows institutions to hold the ZK token and to...

TL;DRThe city of Buenos Aires has rolled out ZK-backed digital identities to all of their citizens (~3.6m).Leading the way in data privacy and citizen empowerment, Buenos Aires has become the first government to leverage blockchain and zero-knowledge cryptography for digital identity management enabling citizens to verify their identity (and other attributes of citizenship) without having to expose any PII.The update to the miBA application comes with nearly 60+ documents (such as birth certi...

TL;DRThe city of Buenos Aires has rolled out ZK-backed digital identities to all of their citizens (~3.6m).Leading the way in data privacy and citizen empowerment, Buenos Aires has become the first government to leverage blockchain and zero-knowledge cryptography for digital identity management enabling citizens to verify their identity (and other attributes of citizenship) without having to expose any PII.The update to the miBA application comes with nearly 60+ documents (such as birth certi...

The seamless integration of traditional finance with DeFi (decentralized finance) holds the potential to revolutionize the financial sector by combining established financial systems with innovative solutions and unparalleled liquidity. However, the pace of this fusion has been somewhat slower than initially anticipated. Increasingly, traditional finance is attracted to DeFi’s frictionless market, innovative tools, and investment strategies. But, up to now, institutions have remained undecide...

The seamless integration of traditional finance with DeFi (decentralized finance) holds the potential to revolutionize the financial sector by combining established financial systems with innovative solutions and unparalleled liquidity. However, the pace of this fusion has been somewhat slower than initially anticipated. Increasingly, traditional finance is attracted to DeFi’s frictionless market, innovative tools, and investment strategies. But, up to now, institutions have remained undecide...

Today we are launching the Prover API, a significant milestone in the prover decentralization initiative which began in June 2024. The API allows anyone to generate proofs and verify their correctness against proofs generated for Era. As such, you can download batch inputs from the API and provide a batch proof to be verified. The Prover API covers Phase 0 and Phase 1 of the initial proposal. Below is a summary of the current roadmap.Phase 0: Test Integration - an example of setting up prover...

Today we are launching the Prover API, a significant milestone in the prover decentralization initiative which began in June 2024. The API allows anyone to generate proofs and verify their correctness against proofs generated for Era. As such, you can download batch inputs from the API and provide a batch proof to be verified. The Prover API covers Phase 0 and Phase 1 of the initial proposal. Below is a summary of the current roadmap.Phase 0: Test Integration - an example of setting up prover...

By Karthik SenthilHow ZK will usher in the next generation of crypto applications, networks, and users.TLDR: Zero Knowledge Proofs (ZKPs) unlock the ability for users to receive value for their personal data in a cost-effective, privacy-enabled way. zkTLS is one such application of ZKPs, enabling users to make existing (off-chain) data and credentials from web2 apps verifiable without revealing the contents of that data. We’re especially excited about a new category of crypto networks we see ...

By Karthik SenthilHow ZK will usher in the next generation of crypto applications, networks, and users.TLDR: Zero Knowledge Proofs (ZKPs) unlock the ability for users to receive value for their personal data in a cost-effective, privacy-enabled way. zkTLS is one such application of ZKPs, enabling users to make existing (off-chain) data and credentials from web2 apps verifiable without revealing the contents of that data. We’re especially excited about a new category of crypto networks we see ...

Matter Labs is expanding into Latin America and establishing a local presence in Buenos Aires, Argentina. This intensified focus marks a significant milestone in its global growth, and the company has chosen Buenos Aires as its launchpad for the region, leveraging local talent and key partnerships to accelerate blockchain adoption across Latin America.Matter Labs team with Head of Government of Buenos Aires, Jorge MacriMatter Labs will be in Buenos Aires for the remainder of August, including...

Matter Labs is expanding into Latin America and establishing a local presence in Buenos Aires, Argentina. This intensified focus marks a significant milestone in its global growth, and the company has chosen Buenos Aires as its launchpad for the region, leveraging local talent and key partnerships to accelerate blockchain adoption across Latin America.Matter Labs team with Head of Government of Buenos Aires, Jorge MacriMatter Labs will be in Buenos Aires for the remainder of August, including...

Chainlink CCIP, the industry-standard cross-chain protocol, is now live on Era Mainnet. This is the next phase between Chainlink and ZKsync, and is in line with the shared commitment to create a uniform and united Layer 2 ecosystem on Ethereum and increase access to zero-knowledge technology. The integration provides an additional on-ramp for people to join the Elastic Chain ecosystem and empowers Web3 developers with top-tier infrastructure for creating feature-rich dApps. ZKsync is a member...

Chainlink CCIP, the industry-standard cross-chain protocol, is now live on Era Mainnet. This is the next phase between Chainlink and ZKsync, and is in line with the shared commitment to create a uniform and united Layer 2 ecosystem on Ethereum and increase access to zero-knowledge technology. The integration provides an additional on-ramp for people to join the Elastic Chain ecosystem and empowers Web3 developers with top-tier infrastructure for creating feature-rich dApps. ZKsync is a member...